Re:What it was like working for Gitlab
by yjftsjthsd-h on Sunday February 11, 2024 @04:21PM
(#39338853)
> Are you really asking why companies take risks on new projects that might not work out? Or expecting that companies can perfectly predict which projects will succeed?
Uncertainty is fine; is mean that if the expected value[0] is below zero it's a terrible idea to do it.
> Look at it this way: What if the developers were only paid after the product broke even and starts "delivering value". You think you're going to get a lot of developers signing up to work on a new project that might only pay them if they stick with it for a few years and it succeeds due to reasons that include things out of their control (like sales cycles, market moves, etc.)?
Empirically yes; what you've described is close enough startup employees with low cash and high stock payments.
Uncertainty is fine; is mean that if the expected value[0] is below zero it's a terrible idea to do it.
> Look at it this way: What if the developers were only paid after the product broke even and starts "delivering value". You think you're going to get a lot of developers signing up to work on a new project that might only pay them if they stick with it for a few years and it succeeds due to reasons that include things out of their control (like sales cycles, market moves, etc.)?
Empirically yes; what you've described is close enough startup employees with low cash and high stock payments.
[0] https://en.wikipedia.org/wiki/Expected_value